MONTCLAIR, NJ -- (Marketwire) -- 04/06/11 -- Global Ecology Corporation (GEC), (OTCQB: GLEC), announced today that it has completed the first and lengthiest phase for EPA approval of its licensed, proprietary formula, IMS1000. Upon final approval by the EPA, GEC will be granted an exclusive license to distribute the product in the United States by the manufacturer, EnvirEau of Canada.
EnvirEau's formulas are a natural, environmentally safe blend of ionized minerals, designed for bacteriostatic algaecide control applications and to be used in connection with the company's multiple water purification projects.
The EPA approval process, which requires meetings with EPA representatives and submission of back up efficacy data, will determine the various uses to be approved. The EPA registration for IMS1000 is intended to cover the following applications:
- Potable water reservoirs and tanks
- Cooling towers and HVAC systems
- Irrigation reservoirs, ponds & lakes
- Irrigation conveyance systems
- Sprinkler, drip, Injection or other types of irrigation equipment
- Chemigation systems
- Impounded waters, lakes, ponds and reservoirs
- Aquaculture Ponds
- Biological Fish Ponds
- Water features and fountains etc.
- Foliar spray for agriculture/horticulture applications (greenhouses, plantations, etc)
- Shelf-life extension for post-harvested fruit, vegetables and poultry/fish.
GEC has already made arrangements for field testing IMS1000 in cooling towers. Laboratory tests to date have shown very favorable results for this application. Once the field tests confirm the lab results, the company will be ready to begin discussions with distributors and end users.
Global Ecology President & CEO Peter Ubaldi said, 'Although it is difficult to predict the date the EPA will complete its review and approval process, we have determined that the potential list of approved uses will more than justify the time required for their approval. The additional industries that could potentially be markets for IMS1000 ultimately increase our marketing potential well past our original plan.'
This release contains certain forward-looking statements (under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) with respect to whether the Company can complete the EPA approval process, whether the Company can obtain EPA approval for IMS1000 in all of the registered uses or any of the registered uses, and whether the Company will be able to successfully market and profit from the EPA approved product if the product does in fact become EPA approved. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: uncertainties relating to changes in general economic and market conditions; uncertainties regarding changes in the environmental industry; the uncertainties relating to the implementation of our business strategy; uncertainties related to acquisitions; and other risk factors as outlined in the Company's periodic reports, as filed with the U.S. Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and we undertake no obligation to update any such statements that may become untrue because of subsequent events. We claim the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
Investors may contact:
Equititrend Advisors, LLC
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